Income statement SEK million20172016201520142013 Net sales 14,847 12,955 11,881 9,746 8,831 Cost of goods sold -9,881 -8,607 -7,847 -6,464 -5,833 Gross profit 4,966 4,348 4,034 3,282 2,998 Development costs -178 -156 -133 -107 -110 Selling costs -2,463 -2,179 -2,044 -1,708 -1,601 Administrative expenses -893 -791 -635 -535 -449 Other operating income and expenses -52 50 13 49 18 Operating profit 1,380 1,272 1,235 981 856 Net financial items -70 -78 -98 -86 -100 Profit after financial items 1,310 1,194 1,137 895 756 Tax -280 -258 -243 -192 -169 Net profit for the year 1,030 936 894 703 587